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Showing 2081 - 2090 of 6679 results for "Sale"

Super funds countdown to Royal Commission

KARREN VERGARA  |  MONDAY, 9 JUL 2018
Superannuation funds called up to the financial services Royal Commission now have less than four weeks to prepare, as the fifth round commences on August 6 in Melbourne. The fourth round of hearings, which focused on agricultural financing and interactions ...

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
... the customer when this was not the case," it said. Banks respond CBA said it has taken steps to remove the risk that the sale of Essential Super could be linked to personal advice. "CBA will not recommend Essential Super or another super product immediately ...

Phone life insurance sales 'hawking' customers: Royal Commission

KARREN VERGARA  |  FRIDAY, 6 JUL 2018
The financial services Royal Commission exposed more boiler room sales tactics of call centre staff selling life insurance which drove poor behaviour and a sales-driven culture, and effectively breached anti-hawking provisions. Select AFSL managing ...

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
The banking and financial services Royal Commission has unearthed the unethical practices and incentives of life insurers selling policies over the phone at the expense of the most vulnerable customers living in remote communities. ASIC Indigenous Outreach ...

Aviva Investors appoints Asia institutional sales head

KANIKA SOOD  |  THURSDAY, 5 JUL 2018
Aviva Investors, the $654 billion asset management arm of the global Aviva group, has tapped in a former Macquarie and Mercer senior executive to lead its Asian institutional sales. Tom Clapham is now Aviva Investors' head of institutional sales ...

Super fund chair appointed to NSW Generations Fund

KANIKA SOOD  |  WEDNESDAY, 4 JUL 2018
... budget last month. It will be seeded with $3 billion in the 2018-2019 budget. The NSW government will add funds from the sale of its remaining 49% share in the WestConnex project to the NGF. Separately, NSW Government has created a new chief economist ...

ASIC takes financial planner to court

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... about "certain representations" Goldman Sachs made to potential investors about the minimum fixed demand in a November 2015 sale of Healthscope Limited shares. Yesterday, ASIC also commenced proceedings against two companies - Linchpin Capital Group ...

Pacific Current invests $95m in US firm, sells Aussie infrastructure stake

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... majority of its holding in RARE to Legg Mason. The latter is the majority shareholder in RARE, owning a 75% stake. The original sale agreement was subject to a put/call option and the Pacific Current Group board has now exercised its put option. Under ...

SSGA appoints APAC managing director

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
State Street Global Advisors has appointed a managing director and head of capital markets for EMEA and APAC. Marcus Miholich will be based in London. In a 20-year long career he has worked in senior positions in sales and trading at Merrill Lynch ...

YBR offloads legacy wealth subsidiary

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... wholly-owned investment services business. YBR announced that Yellow Brick Road Investment Services has entered into a book sale and purchase agreement with INPRO Australia. The transaction will see INPRO senior financial adviser Alex Kean acquire YBRIS' ...